GREENPLANT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GREENPLANT
Largest movements
- Cash +€146,561
up €146,561 (+38.6%), from €379,780 to €526,340
mainly Net result for the year (+€93,031) and Depreciation (+€53,340)
- Tangible fixed assets -€48,533
down €48,533 (-20.6%), from €235,949 to €187,417
- Receivables within one year -€46,188
down €46,188 (-26.5%), from €174,100 to €127,912
of which Other amounts receivable: -€23,596
- Reserves +€93,000
up €93,000 (+17.1%), from €543,844 to €636,844
of which Distributable reserves: +€94,900
- Other debts -€28,950
down €28,950 (-39.3%), from €73,717 to €44,767
- Debts after one year -€10,250
down €10,250 (-53.3%), from €19,222 to €8,972
- Staff costs -€12,428
down €12,428 (-5.9%), from €211,346 to €198,918
- Taxes +€11,978
up €11,978 (+42.7%), from €28,054 to €40,032
- Gross operating margin +€10,198
up €10,198 (+2.7%), from €380,280 to €390,478
- Other operating charges -€5,709
down €5,709 (-46.1%), from €12,375 to €6,666
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €860,911 | €906,959 | +€46,048 | +5.3% |
| Fixed assets | 21/28 | €237,821 | €189,288 | -€48,533 | -20.4% |
| Tangible fixed assets | 22/27 | €235,949 | €187,417 | -€48,533 | -20.6% |
| Land and buildings | 22 | €165 | €134 | -€31 | -18.9% |
| Plant, machinery and equipment | 23 | €41,926 | €29,484 | -€12,442 | -29.7% |
| Furniture and vehicles | 24 | €90,560 | €69,836 | -€20,724 | -22.9% |
| Other tangible fixed assets | 26 | €103,298 | €87,963 | -€15,335 | -14.8% |
| Financial fixed assets | 28 | €1,872 | €1,872 | = | 0.0% |
| Current assets | 29/58 | €623,090 | €717,671 | +€94,581 | +15.2% |
| Stocks and contracts in progress | 3 | €65,448 | €58,630 | -€6,817 | -10.4% |
| Stocks | 30/36 | €65,448 | €58,630 | -€6,817 | -10.4% |
| Amounts receivable within one year | 40/41 | €174,100 | €127,912 | -€46,188 | -26.5% |
| Trade receivables | 40 | €110,604 | €88,012 | -€22,592 | -20.4% |
| Other amounts receivable | 41 | €63,496 | €39,900 | -€23,596 | -37.2% |
| Cash at bank and in hand | 54/58 | €379,780 | €526,340 | +€146,561 | +38.6% |
| Deferred charges and accrued income | 490/1 | €3,763 | €4,788 | +€1,025 | +27.2% |
| Total equity and liabilities | 10/49 | €860,911 | €906,959 | +€46,048 | +5.3% |
| Equity | 10/15 | €639,360 | €732,259 | +€92,899 | +14.5% |
| Contributions | 10/11 | €6,605 | €6,605 | = | 0.0% |
| Reserves | 13 | €543,844 | €636,844 | +€93,000 | +17.1% |
| Non-distributable reserves | 130/1 | €1,900 | - | -€1,900 | |
| Reserves not available under the articles | 1311 | €1,900 | - | -€1,900 | |
| Tax-exempt reserves | 132 | €56,744 | €56,744 | = | 0.0% |
| Distributable reserves | 133 | €485,200 | €580,100 | +€94,900 | +19.6% |
| Profit (loss) carried forward | 14 | €87,849 | €87,880 | +€31 | 0.0% |
| Investment grants | 15 | €1,061 | €929 | -€133 | -12.5% |
| Amounts payable | 17/49 | €221,551 | €174,701 | -€46,851 | -21.1% |
| Amounts payable after more than one year | 17 | €19,222 | €8,972 | -€10,250 | -53.3% |
| Financial debts | 170/4 | €19,222 | €8,972 | -€10,250 | -53.3% |
| Amounts payable within one year | 42/48 | €202,329 | €165,728 | -€36,600 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €16,479 | €15,349 | -€1,129 | -6.9% |
| Trade debts | 44 | €49,175 | €40,980 | -€8,196 | -16.7% |
| Suppliers | 440/4 | €49,175 | €40,980 | -€8,196 | -16.7% |
| Taxes, remuneration and social security | 45 | €62,958 | €64,633 | +€1,674 | +2.7% |
| Taxes | 450/3 | €35,633 | €48,145 | +€12,512 | +35.1% |
| Remuneration and social security | 454/9 | €27,325 | €16,488 | -€10,837 | -39.7% |
| Other amounts payable | 47/48 | €73,717 | €44,767 | -€28,950 | -39.3% |
| Non-recurring operating income | 76A | €14,629 | - | -€14,629 | |
| Remuneration, social security and pensions | 62 | €211,346 | €198,918 | -€12,428 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,909 | €53,340 | -€1,569 | -2.9% |
| Other operating charges | 640/8 | €12,375 | €6,666 | -€5,709 | -46.1% |
| Gross operating margin | 9900 | €380,280 | €390,478 | +€10,198 | +2.7% |
| Operating profit (loss) | 9901 | €101,649 | €131,554 | +€29,905 | +29.4% |
| Financial income | 75/76B | €3,717 | €3,924 | +€207 | +5.6% |
| Recurring financial income | 75 | €3,717 | €3,924 | +€207 | +5.6% |
| Financial charges | 65/66B | €4,140 | €2,415 | -€1,725 | -41.7% |
| Recurring financial charges | 65 | €4,140 | €2,415 | -€1,725 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €101,227 | €133,063 | +€31,837 | +31.5% |
| Income taxes | 67/77 | €28,054 | €40,032 | +€11,978 | +42.7% |
| Profit (loss) for the period | 9904 | €73,173 | €93,031 | +€19,859 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €73,173 | €93,031 | +€19,859 | +27.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.